1 minute readUK house prices will extend their recovery this year as low borrowing costs and the shortage of homes support the property market, the Centre for Economics and Business Research (CEBR)said. Home values will rise 5% and mortgage costs will cheapen as the Bank of England keeps its key interest rate at a record low of 0.5%, the London-based group said in an e- mailed statement. The group cut its forecast for price increases this year from 6% after the tax on home purchases rose and cold weather damped demand for property. Prime Minister Gordon Brown said last week he wants to keep interest rates “low” for homeowners and homebuyers as he debated on television with the Conservatives’ David Cameron and Liberal Democrat leader Nick Clegg before the May 6 election.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
RE/MAX accelerates real estate innovation with AI and technology
RE/MAX is accelerating the integration of AI and cutting-edge technology to transform how agents engage with clients, generate leads, and deliver results. Initiatives like Max AI, MaxRefer, MaxEngage, and HomeView leverage real-time data, personalized marketing, and AI-driven tools to streamline the homeownership experience and empower its agents. Leading this innovation is Travis Saxton, EVP of Strategy at RE/MAX, who has spearheaded the rollout of these technologies, including AI-powered training through Sky AI and SkyStudio, redefining the future of real estate by combining human connection with next-generation tools.
Nov 17, 2025 3:44 am
Latest Articles
From resilience to antifragility: Rethinking cybersecurity for real estate and mortgage professionals
In information security, we’ve long spoken about resilience. The goal has been to withstand an attack, recover quickly, and return to business as usual. But in today’s environment—where attackers adapt and evolve daily—resilience is no longer enough. We must go further. We must embrace antifragility.
-
From local to global: RE/MAX’s Chris Lim on the next era of real estate relationships
-
Stop marketing like it’s 2008: You’re invisible
-
RE/MAX accelerates real estate innovation with AI and technology
-
Retirement plans for small-business owners have visible generational gaps
-
VA loans rise as housing market shifts toward buyers
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
